Lindblad Expeditions Holdings (LIND) Operating Margin (2014 - 2026)
Lindblad Expeditions Holdings' (LIND) quarterly Operating Margin came in at 6.0% in Q2 2026, up 338.0% year-over-year from 1.37% in Q2 2025, and down 20.08% quarter-over-quarter from 7.51% in Q1 2026.
Analysis
Lindblad Expeditions Holdings (LIND) Operating Margin (2014 - 2026) Analysis & Trends
Lindblad Expeditions Holdings has disclosed Operating Margin across 13 years of filings, most recently posting 6.0% for Q2 2026.
- In Q2 2026, Operating Margin rose 338.0% year-over-year to 6.0%; the TTM figure through Jun 2026 stood at 6.99% (up 173.0% YoY), while the FY2025 annual figure was 5.9%, up 256.0% from the prior year.
- Operating Margin came in at 6.0% for Q2 2026 at Lindblad Expeditions Holdings, down from 7.51% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 14.98% in Q3 2025 to a low of 50.47% in Q1 2022.
- Average Operating Margin over 5 years is 1.99%, with a median of 3.32% recorded in 2025.
- Year-over-year, Operating Margin surged 169481 bps in 2022 and plunged 358 bps in 2024.
- Over 5 years, Operating Margin stood at 12.97% in 2022, then gained by 15 bps to 11.04% in 2023, then jumped by 54 bps to 5.09% in 2024, then surged by 41 bps to 3.01% in 2025, then jumped by 300 bps to 6.0% in 2026.
- Per Business Quant data, the three most recent Operating Margin figures were 6.0% in Q2 2026, 7.51% in Q1 2026, and 3.01% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Royal Caribbean Cruises | 71.23 Bn | 70.31 Bn | 2.29 Bn | 27.05% |
| 2 | Viking Holdings | 38.98 Bn | 34.99 Bn | 996.62 Mn | 29.40% |
| 3 | Carnival | 32.12 Bn | 29.88 Bn | - | 12.77% |
| 4 | Norwegian Cruise Line Holdings | 7.08 Bn | 6.86 Bn | 1.05 Bn | 13.76% |
| 5 | Lindblad Expeditions Holdings | 1.73 Bn | 1.37 Bn | 96.64 Mn | 6.00% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.00% |
| Mar 31, 2026 | 7.51% |
| Dec 31, 2025 | -3.01% |
| Sep 30, 2025 | 14.98% |
| Jun 30, 2025 | 2.62% |
| Mar 31, 2025 | 5.91% |
| Dec 31, 2024 | -5.09% |
| Sep 30, 2024 | 14.31% |
| Jun 30, 2024 | -6.01% |
| Mar 31, 2024 | 5.11% |
| Dec 31, 2023 | -11.04% |
| Sep 30, 2023 | 11.63% |
| Jun 30, 2023 | -6.81% |
| Mar 31, 2023 | 8.69% |
| Dec 31, 2022 | -12.97% |
| Sep 30, 2022 | 4.01% |
| Jun 30, 2022 | -21.25% |
| Mar 31, 2022 | -50.47% |
| Dec 31, 2021 | -45.05% |
| Sep 30, 2021 | -27.36% |